Denmark: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Denmark

The Danish market for plastic plates, sheets, film, foil and strip soared to $X in 2021, increasing by 78% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +82.6% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Denmark

In value terms, production of plastic plates, sheets, film, foil and strip surged to $X in 2021 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Denmark

Exports of plastic plates, sheets, film, foil and strip from Denmark rose significantly to X tons in 2021, growing by 7.9% on 2020 figures. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 12% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. The total export value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 18% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Sweden (X tons) and the Netherlands (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Denmark, together accounting for 43% of total exports. France, the UK, Poland, Belgium, the United States, Norway, the Czech Republic, Spain, Slovakia and Italy lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +22.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic plate, sheet, film, foil and strip exported from Denmark were Germany ($X), Sweden ($X) and the Netherlands ($X), together comprising 39% of total exports. The UK, France, the United States, Poland, Norway, Slovakia, Belgium, the Czech Republic, Spain and Italy lagged somewhat behind, together comprising a further 41%.

The United States, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, with an increase of 7.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Denmark

In 2021, supplies from abroad of plastic plates, sheets, film, foil and strip increased by 7.3% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 8.3% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip soared to $X in 2021. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest plastic plate, sheet, film, foil and strip supplier to Denmark, with a 26% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+3.2% per year) and Italy (-3.6% per year).

In value terms, Germany ($X) constituted the largest supplier of plastic plates, sheets, film, foil and strip to Denmark, comprising 27% of total imports. The second position in the ranking was taken by Belgium ($X), with an 8.8% share of total imports. It was followed by Italy, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.5% per year) and Italy (-1.3% per year).

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, jumping by 20% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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